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Bank of America Corp. was sued by the U.S. for allegedly hiding risks from investors in a 2008 deal for $850 million of bonds backed by residential mortgages. more
Festival Ballet Providence will stage four mainstage productions at theaters around Providence, and four Black Box productions, at FBP’s Black Box Theater, in its 2013-2014 season, the company announced Tuesday. more
The Chapel View project in Cranston neared completion Tuesday when last piece of steel for 4000 Chapel View Blvd., the final piece of the development project, was erected in a ceremony. more
Two area nonprofit organizations received grant money from the Department of Labor’s Veterans’ Employment and Training Service Homeless Female Veterans and Veterans with Families program, it was announced on Monday. more
An index of Rhode Island’s leading economic indicators produced by Providence Business News and e-forecasting.com rose slightly in June to 122.2 from 122.1 in May. more
The Massachusetts Gaming Commission issued findings Monday on two applicants for the state’s lone slot-parlor casino license, the Boston Business Journal reported. more
Home prices rose in Rhode Island and Massachusetts and across the country in June, according to the home price index released Tuesday by residential property information provider CoreLogic. more
Capital Properties Inc. profits plummeted in the second quarter of 2013, falling 56.6 percent to $251,000, or 4 cents per share, from $578,000, or 9 cents per share, the company announced Monday. more
(Updated, 5 p.m.) The Rhode Island International Film Festival, which kicks off on Tuesday, Aug. 6, and will continue through Aug. 11, will feature a variety of activities and events to help attendees “discover the new voices of independent film,” festival organizers said in a release. more
CVS Caremark Corp. posted strong sales and increased profit in the second quarter of 2013, the company reported Tuesday. more
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